Housing costs in Mount Sterling?
A typical home costs
$201,100, which is 40.5% less expensive than the national average of
$338,100 and 3.2% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Mount Sterling costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 14.8% cheaper than the state average of
$930.
Can I afford Mount Sterling?
To live comfortably in Mount Sterling, Iowa, a minimum annual income of
$38,520 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Mount Sterling?
The cost of living in Mount Sterling, IA is relatively low compared to other cities. According to the BestPlaces Bureau, the median household income in Mount Sterling is $45,868 and the median house value is $116,800 as of 2019. Goods and services are generally cheaper than average due to the lower population density. Groceries, housing, utilities and healthcare are all considered to be affordable by most residents. Overall, the cost of living in Mount Sterling makes it an attractive destination for those looking for a relaxed lifestyle with a lower cost of living.